ISIN:DE000A0XYHT5

EQS-News: IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

Retrieved on: 
Mittwoch, April 10, 2024

EUR 3.0 million

Key Points: 
  • EUR 3.0 million
    Important milestones achieved in the battery sector at the beginning of 2024: Cooperation with LANXESS and launch of the new product IBUvolt® LFP 402
    Weimar, March 21, 2024 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) publishes its audited key financial figures for the 2023 financial year in accordance with HGB accounting.
  • Accordingly, revenue in the most recently expected range was EUR 48.2 million, compared to EUR 53.9 million in the 2022 financial year (see ad hoc announcement dated December 21, 2023).
  • EBITDA amounted to around EUR 3.0 million, compared to EUR 6.7 million in the same period of the previous year.
  • Accordingly, the EBITDA margin is expected to be around 7% in the 2024 financial year.

EQS-News: IBU-tec Advances Development in Sodium-Ion Battery Research Making Further Progress

Retrieved on: 
Mittwoch, März 13, 2024

Among other things, IBU-tec is currently making progress in expanding production towards larger volumes and is pushing ahead with research projects.

Key Points: 
  • Among other things, IBU-tec is currently making progress in expanding production towards larger volumes and is pushing ahead with research projects.
  • IBU-tec has already successfully completed the development and production of phase-pure cathode active material made of sodium manganese layer oxide.
  • In the next step of the research project, IBU-tec is testing the cycle stability of the cathode in full cells and further optimizing it.
  • Ulrich Weitz, Managing Director of IBUvolt battery materials: "With the further development of innovative battery materials, we are securing the future viability of IBU-tec.

EQS-News: IBU-tec enters into cooperation agreement with LANXESS / Development of a European iron oxide product for LFP battery material

Retrieved on: 
Dienstag, Januar 30, 2024

Weimar, January 23, 2024 – IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) has signed a cooperation agreement with specialty chemicals company LANXESS.

Key Points: 
  • Weimar, January 23, 2024 – IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) has signed a cooperation agreement with specialty chemicals company LANXESS.
  • The two companies will collaborate to develop an innovative European iron oxide product, which will serve as a crucial component in the production of enhanced LFP battery materials.
  • The agreement between IBU-tec and LANXESS also marks the beginning of additional joint activities to develop innovative European battery materials.
  • The innovative iron oxide product from IBU-tec and LANXESS is specifically manufactured for LFP production in Europe.

EQS-News: IBU-tec launches IBUvolt 402, a new European LFP battery product with a CO2 footprint approximately 40% lower than market average and provides updates on advances in the battery sector

Retrieved on: 
Dienstag, Januar 30, 2024

There has already been significant interest from potential customers, positioning the company strongly in the future market of LFP battery materials.

Key Points: 
  • There has already been significant interest from potential customers, positioning the company strongly in the future market of LFP battery materials.
  • IBUvolt 402 is a European LFP material with a CO2 footprint that is approximately 40% lower than the market average, currently dominated by Chinese suppliers.
  • IBUvolt 402 is an excellent addition to the existing LFP battery materials IBUvolt 400 and IBUvolt 200.
  • Many customers have already expressed interest in a low CO2 footprint European LFP battery material to IBU-tec, even before its launch.

EQS-News: IBU-tec announces information on the new LFP battery material IBUvolt 402 and further developments in the battery sector for January 29, 2024

Retrieved on: 
Mittwoch, Januar 17, 2024

IBU-tec announces information on the new LFP battery material IBUvolt 402 and further developments in the battery sector for January 29, 2024

Key Points: 
  • IBU-tec announces information on the new LFP battery material IBUvolt 402 and further developments in the battery sector for January 29, 2024
    The issuer is solely responsible for the content of this announcement.
  • IBU-tec announces information on the new LFP battery material IBUvolt 402 and further developments in the battery sector for January 29, 2024
    Weimar, January 17, 2024 - On January 29, 2024, IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) will introduce the new IBUvolt 402 LFP battery material.
  • The Board of Directors will discuss the potential applications and market opportunities of IBUvolt 402 in a company announcement and video address.
  • Additionally, IBU-tec will provide a comprehensive report on further market potential and recent developments in the battery sector.